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for income tax purposes, the court would disregard it because this is s-corporation? >> it may well be. the fact it is an s-corporation even though it means there is this corporate forum, the net result of income and loss of penalty goes on frank and phil gilardi's income tax returns, part of schedule k. >> a complete pass through? >> yes. >> that is true of limited liabilitied corporations and associations? >> i think we deal with a you blah that impinges on fundamental first amendment freedoms the supreme court said we don't allow form to triumph over substance that. is what we're talking here. >> i think what lee says, if you're in the commercial, if you're in the commercial market you have to give up some for the greater good. >> i agree judge, it does say that but what we say that is part of the -- >> congress had some exemptions as well. >> nothing like in -- >> that is your take. you're saying the exemptions here are so overwhelming, so large in their number that you should win, i don't see you can't possibly get around lee. because lee had exemptions and the court gave it the b
for later shooting at that girl. >> san francisco board of supervisors meeting to vote whether to add a tax on sugary drinks. >> critics are saying this is a bad idea. abc # news has more. >> the owner of this popular deli in the castro district says soft drinks makeup 30% of his business and says a tax would hurt. >> to be honest it would be affecting us in a way, people, cut back on soft drinks. and, also, drinks. >> reporter: supervisor scott weiner will start a campaign for a tax on soda and sugar-sweetened beverages. >> we have taxed tobacco fr a long time, taxed alcohol for a long time. it's not out of the ordinary to tax products that have some negative side affects. >> reporter: also gearing up today a consulting firm that beverage companies hired to fight the tax. >> because they simply have effect of raising cost of living and have no material affect on with living a healthy life style. >> reporter: his firm helped defend a soda tax in richmond. he thinks san francisco voters will respond the same. >> i think san franciscoins have higher priorities than placing a tax on beverag
district will be decided on bruno until education parcel taxes for 10 years. that is measured are. brisbane residents are considering measured t, an increase on a business license tax for liquid storage facilities. and pacifica it is measured indeed an amended telecommunications tax there requires a majority of votes. imports toll valley residents are voting on reducing the utility tax from 5.5% to 4.5% and that is a measure q. a partial tax proposal and atherton known as measured next. foster city residents are deciding on measured u, a business license tax. >> a bizarre accident snarled traffic on the bay bridge for several hours. the chp said that a man got out of his car while he was on the span and ran into traffic a little after 10:00 a.m.. he was hit by a muni ban on the incline of the westbound direction. traffic was blocked for more than half an hour while the scene was cleared. the man was injured in the collision and was transported to sever cisco general hospital. no word yet on his condition. >> new details about the vallate manner assisted living facility that abandon more tha
and generate a tax base so that you can take care of the less fortunate but the real key and it's not popular thing to say but you have to have the wherewithal. these people who are willing to think outside of the box and try new things and start new businesses and take risks if you're going to have a future otherwise you do the same thing. if you do the same thing, we know where that ends. not prettily. >> you also have talked about how it's very important for a city like new york to have a bunch of very rich people so you can tax them. >> sure. >> you're unapologetic about that. >> the fact of the matter is a small percentage of the people pay the taxes. if you don't want tax revenue, you can lose those people but if you want to have ability to go and invest in infrastructure and invest in cultural institutions and have social programs that can really help people who are less fortunate, you have to have the dynamic drive, the people that are creative and the revenue. that comes from people who do well and in our city the poor actually are a little bit better than the poor in other big citie
and says it's worth $40 a share. there's the alibaba ownership. that's after tax affecting it i think. and you get to $40 -- $6 a share for the core business. we shall see. but i will tell you this, alibaba growing as quickly as it is will be fascinating to see when it does come public. that will be a first half ipo. again, the filing still expected in the first quarter. you actually get the offering then, unclear, but let's assume it's the first half of the year. another key that yahoo! shareholders need to be up on, can they figure a tax efficient way for what it doesn't sell, may sell as little as 9% and therefore have a good remainder of alibaba, which is shocking, $190 billion. >> it's killing it. >> killing it. ebidta growing. it puts twitter to shame. >> as for the bernstein call, what if the core value does improve? >> here's the issue for me. wrooef se we've seen these over and over again, internet companies and people go crazy. i don't know what to pay for alibaba. i don't. if it's real, and it sounds real -- >> it's real. this company is generating enormous operating profit
care as everybody else. a lot of people will qualify for new tax credits under this law that will bring town costs even further. so that if you lose your job or you you start a new business, or you're self-employed or you're a young person trying several jobs up you find that one that sticks, you'll be able to be ensured. insurance that goes with you. and gives you freedom to pursue whatever you want without fear that accident or illness will derail your dreams. now, this marketplace is open now. insurance companies are competing for that business. the deal is good. the prices are lower. but let's face it, we've had a problem. the website hasn't worked the way it is supposed to over these last couple of weeks. and as a consequence, a lot of people haven't had a chance to see just how good the prices for quality health insurance through these marketplaces really are. ultimately this website, healthcare.gov, will be the easiest way to shop for and buy these new plans because you can see all these plans right next to each other and compare prices and see what kind of coverage it provides.
't forget, it's tax deductib deductible. >> i disagree. okay. >> last word. are you disinvesting, mike? >> no, no, i'm always fully invested. i've been riding this. i've been delighted. we've had a very defensive take on the markets. as you know, i've stayed with my health care, my technology. my industrial stocks and my consumer staples. we've been looking like a hero. i hope it continues. but i don't -- i think you're much wiser when prices get this high. p/e multiples expand and profit margins are at all-time highs to hit your singles and doubles. >> buy and hold. that's my mantra. this thing is going to come to an end. they always do. i know that. >> yeah. >> but right now, it isn't the end. i'm with mr. heebner on this one. thank you. we appreciate it very much. >>> now, news, israelis take out a huge shipment of russian missiles in syria. looks like they were being sent to the terrorists at hezbollah. we're going to have the latest on that developing story and more, just ahead. it's a growing trend in business: do more with less with less energy. hp is helping ups do just that. s
, but with the threat of tax. yesterday we all know better. if you like your insurance, you won't necessarily get it keep it because president obama and 279 congressional democrats chose to pass a flawed law that for many strips the choice away. i yield back, mr. speaker. the speaker pro tempore: the gentlelady's time has expired. for what purpose does the gentleman from south carolina seek recognition? >> mr. speaker, i ask unanimous consent to address the house for one minute. revise and extend my remarks. the speaker pro tempore: the gentleman is recognized for one minute. mr. wilson: mr. speaker, the augusta chronicle lead editorial on saturday hit the nail on the head pointing out that the real truths about the obamacare train wreck. americans remember a, quote, soothing assurance from president obama in 2009 when he was hawking his affordable care act to the masses. if you like your health care plan, you can keep your health care plan. now tell that to the hundreds of thousands of americans who already have received letters from health plans essentially telling them you are on your own, end
is also a very interesting idea to consider. put a little box in your car and pay taxes only on how many miles you drive, not on how much gas you pump or how much gas you use. the people behind this idea say it would mean the end of the gas tax and that you would be rewarded for driving less, but could it also mean an invasion of privacy? who is up? who is down some swho a winner if this actually takes place but one idea that one state is testing out and we will talk about it. >> look forward to hearing about it. >> of course. >>> it is time for your morning rhyme. our tweet of the day comes from? >> rich chosen one. that is his name. rich chosen one. he writes halloween's frights kept me up all the time but it's all right because i have "early start" in my sight. multiple use of the rhyme there. you can come up with your own any time you want. tweet us with the addresses and we appreciate it. >>> coming up next, a remarkable story. >> right now, more than ever, there seems to be a lot of hope and optimism. >> the american trying to lead iran to glory on a soccer field. we are live in te
'm assuming, as i pay my taxes, that they're listening to everybody. >> yes, i hope so. and who is that lady that -- >> what they're not doing, i'm assuming, is taking notes. i think where we went wrong with the u.s. administration, joe, they wrote it down that they were listen to go angela merkel. >> that's what happens. who's that lady that tells daniel craig what to do? >> m. >> she knows, right? >> yes. i'm just trying to get this straight. the germans, they're rich. the germany at this point is -- it reminds me of cas casablanca. germany has not earned its spying outrage with all of their arms dealings and all the -- anyway, we get involved in everything over here, ross. >> there was a report yesterday, annette talked about it out of frankfurt. there was one report in the german press that said it may -- because of hangovers from the laws post the war, it may not be illegal for the u.s. to spy on the -- to listen in on the german fwoft. so there is some debate about whether the u.s. has broken any german law whatsoever. >> right. anytime you guys want you to stop funding nato and protec
. >> will he cut taxes. >> he wanted to cut taxes, hasn't been able to get that through the legislature. the interesting part is he's perceived as very moderate, where you could describe him as moderate because he's a more -- he's not an -- he's a get things done, cut the best deal conservative and he has had to do that in a blue state. i think this is the fascinating test. when he's in iowa, what are the rand pauls and ted cruzes and rick santorum say? does mitt romney's blessing help or hurt? >> he's perceived as a moderate because he embraced the president of the united states on the eve of the 2012 election after super storm sandy. >> the man who by the way made sure that his state got funneled millions of dollars and stood by him when his state was in need. >> other republicans hated him for that. >> they did, but did his embrace, did the embrace mean anything to mitt romney in the end? absolutely not. >> if you speak to some romney folks, they were irritated by it. >> they were irritated by it but did it cause him the election? no, it didn't. this is a personal brand this man has.
. >> let me help. read my lips, no new taxes. >> i did not have sexual relations with that woman monica lewinsky and if you like your present health insurance plan you can keep it. do you know what a lie is in politics? >> i want to hear this. >> dupe what a lie is? you heard one. this guy bait and switched the american people. >> he did not. >> billy cunningham, you are going over the line here. >> you're wrong. >> 14 million -- 96% of the american people either the don't have it. >> they knew it when they lied. they plan plaited even people like you. >> i don't think it. they all ew three years ago. >> we were cooking. i was in there, too. >> the government had the numbers. the government knew. they knew. they didn't tell us the truth. something amazing during the stuff on iraq? he said history will decide whether i made the right decision or not. history is going to decide this one. if you're right the democrats will lose in 2016 and lose the presidency. >> not going to happen. >> their goal in november of next year is to take back the house, then give us a single payer system. >> ho
to stay in network. great plans. by the way, what about when you're going to get taxed for the golden plan? you're paying $20,000 a year-plus. but now we're going to tax you because you're paying too much. >> what's interesting, senator, is the fact that i think over the last couple of weeks, going on to a month, mainstream media is kind of waking up to this. i think the story that only six people signed up on the first day came from cbs news. a lot of people are going we really believed this guy, but maybe we shouldn't have. >> can you imagine? at the end of the day 47 people, and they're saying hundreds of thousands of people -- >> it's the volume. that's what broke it. the volume. >> right. you know what it is? it's just this idea i'm going to do it my way. it's the old story of power. absolute power corrupts. so when the democrats controlled both houses overwhelmingly, they didn't look for compromise. they didn't look to involve others. they jammed it through. now they're paying the price. they're not. the american people are going to suffer. >> i read a lefty blogger somewhere on the
to a new location. that deadline has passed. >> in france protesters angry over new taxes faced water canons and tear gas. more than 10,000 filled the streets after learning the government plans $4 billion in tax height to reduce the deficit. >> several thousand people here in north-west france. they are furious about the ecotax that the president, president francis hollande wants to introduce. he's already backtracked slightly. he says he'll suspend it. for more talks, but the people here want it scrapped altogether. they say it will jeopardise their livelihoods. brittany has been hit hard by factory clornals. mainly in the food processing business. they say they are being undercut for cheap labour. they are angry about germany, who they say is undercutting them. the economy generally has taken a knock recently and the focus of the protest has been on the ecotax. a week ago there were violent clashes with the police, rubber bullets were fired, tear gas was fired. protesters hurled missiles. there were several injuries. a couple of days later francis hollande backtracked and suspended
. but we need some government policies to let us be more competitive. >> like what? >> we need a new tax system. we have a flawed tax system. individual tax system, corporate tax system. we need real serious health care reform to deal with some of the fiscal problems that are coming down the road. we need -- we need a new immigration system. so that there's a good number of things we need to do. and the only way you get those done is with a compromise. democrats and republicans have to come together and compromise, but the leadership for that always needs to come from the president. because the only way you get big difficult, complex things done is from the executive branch and with congress being willing to compromise. >> was dodd/frank the right legislation? how come only 40% has been implemented? >> well, there's a lot of good with dodd/frank. we got the things we needed out of dodd/frank. why is only 40% been implemented? well, it's a big, complicated bill, but we have too many regulators. we have five -- >> everybody wants to weigh in. >> we have five regulators all fighting with th
their coverage. it's until they start getting the benefits of better coverage and the tax subsidies that come with it, which will make that coverage in many cases cheaper than the ones they currently have, that they won't understand or won't feel good towards obama, let's say. so that's why this whole rollout matters, they need to show the benefits of this in addition to the pain it was causing. >> still ahead the ceo of america's largest private health exchange joins us, how he is offering to bail out the government's troubled website. "morning joe" is back in a moment. ♪ [ male announcer ] you know that family? the one whose eye for design is apparent in every detail. whose refined taste is best characterized by the company they keep. well...say hello to the newest member of the family. the cadillac srx, awarded best interior design of any luxury brand. take advantage of this exceptional offer on the 2013 cadillac srx, with premium care maintenance included. (coffee be♪ng poured into a cup.) save your coffee from the artificial stuff. switch to truvia. great tasting, zero-calorie sweetn
was a perfect fit for the tea party. >> he interrupted the tax money flow. tide goes in, tide goes out. in the temple, when he saw the tax collectors dragging the money out of the poor people and overturn their table. and once he did that, his fate was sealed. >> i don't know what that means. >> and today's top trender, cheap talk. i can't use the "s" word. >> oh -- >> they have crappy insurance. we're going to be getting rid of junk insurance plans that haven't delivered anything for the american people. conservatives won't trash junk insurance. >> you can keep the plan that you have and like, but there's a but in our health care right now? there's a but in the system? >> that's a big but. >> the community is welcoming the destruction of what are called, you know, the skinny plans. >> you find something goes wrong so you pick an enemy and you demonize somebody else. in this case, it's the insurance companies. >> this just kills the market. >> we chose those policies and yet the president says you didn't choose well. >> what else would you expect from the republican party but a bunch o
drinks. city supervisor scott weiner is proposing a new tax. today he'll suggest a two- cents per ounce tax on sugary drinks. a can of soda, for example, would cost 24 cents more. the money would be used to pay for health programs for the city's young people. if approved, the proposal would go on the november ballot next year. the cost of building the new arena for the warriors in san francisco continues to go up. warriors owners say the coast to rehabilitate the pier which the arena will -- the cost. sit on is costing as much as 170-million- dollars. that is a lot higher than they had originally planned. the team is also facing a shrinking time frame to get the project completed for the 2017 to 2018 sesaon. that is when there lease on runs out at oracle arena in oakland. the new arena would include an 18,000-seat arena, two parking garages, a hotel, two condominium towers and retail space spread across the 13-acre pier. the warriors are playing tomorrow and we will speak with sports with gary radnich coming up his stanley roberts and people behaving badly. taking this live look at s f
, the latest from the belt way just said. >> looking to with to bring in tax revenue but judge andrew napolitano says it is an invasion of privacy and it could change life as we know it. lori: looking at the business of helsinki and the still showing no sign of slowing down and you won't believe how much we expending on costumes for our heads. actually i would. adam: you would? when a and guilty as charged. adam: the dow is positive. >> at the halloween. the dow is down 9 points. we have the nasdaq and the person the in the green on this final day of a great month of october. the broader market 4% this month. we will take it. you with a nearly year there is concern that the fed won't be as inclined to keep the stimulus coming as long as we are hoping. release solid midwest manufacturing number is bolstering that belief, the dollar up, commodities down and that is where we are trading today, stock has been all over the mack in after-hours after the earnings report, stock as much as 18% and when it opened this morning was down 5%. now you can see a green arrow, there is concern in despi
-- advocates. foundation providing tax for graduating high school students. she is a graduate of virginia state university, and before you say a word, i would like to thank the members of the panel for their patience in the rescheduling of this hearing. we had a chance to meet when it was previously scheduled, i'm glad we had the moments together. so please proceed with your testimony. >> thank you. >> good morning, chairman durbin and honored members of the subcommittee. my name is lucille mac bath. i thank you for the opportunity speak before the great institution today. i was raised in a family steeped in justice and confident in the try triumphant goodness of humanity. my mother was a registered nurse, and my father, who served in the u.s. army dental corp., was also for over 20 years president of the n -- naacp for the state of illinois. he worked actively in the signing of the civil rights act in 1964. in he could see me here today testifying in front of the united states senate, he would be beaming with pride and amazed at how far his daughter had come until he came to understand what br
that they companies -- that big companies do not like either. they are going to tax them out of business. arizona, big mesa they have thousands of cars completely wasted and crushed. host: thank you for the call. a political note from the hill -- paper an ad is airing tomorrow that uses past statements, slamming charlie crist. he was once theory governor of florida as a republican. he will enter as a democrat after filing the necessary paperwork on friday. details online at the hill.com. our newsmakers program is focusing on the farm bill with tom vill sack -- with tom vill ilsack. tom v conversation, why the farm bill is important -- [video clip] investing literally billions of dollars in business development. money is going to be invested in renewable energy and bio-based products. it is a research built. it will provide resources to universities to come up with new innovations. because of our research initiatives, i think 360 four patent applications have occurred just from usda sponsored grants. it is a conservation bill and an ability to protect our soil and water. it is a trade bill. this create
because of the new tax they have to pay. all of this is a direct result of obamacare and it's hitting the economy when unemployment remains very high, the debt is astronomical and growth remains at a miserable 2% or less. do not expect this president to take responsibility. he will blame the republicans for the shutdown and he'll blame the shutdown for the slowdown, but forget politics, forget it for a second. the point is that obamacare is going to hurt the economy. it's going to hurt when we can least afford to take another hit. i really want to end on a positive so i will engage in wishful thinking. suppose that democrats in the senate come to understand that obamacare is a disaster and they kill it? now, i know, highly unlikely, but i'm speculating here. but can you imagine the growth that killing obamacare would unleash? can you imagine it? i live in hope. [ music transitions to rock ] make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you open an account. [announcer] ...eve
that their >> mexico is taxing junk food as part of the campaign to fight obesity. >> an 8% tax will be placed on high calorie foods, snacks with more than 275-calories per 100 grams. the congress passed a law that puts a one peso tax on soft drinks, that's 8 cents. mexico has one of the world's highest obesity rates, slightly higher than the u.s., 70% have the population. >> they took a lot of clues from michael bloomberg in new york city, trying to pass these laws. speaking of food, there's a salmon boom in washington state. >> more than a mill chinook salmon have been counted this fall. we have more. >> on one of the northwest great natural stages, an underwater drama is playing out. chinook salmon are setting records. >> over 73,000 passed through the dam in one day. you couldn't blink or talk. with these visual counts, there's no going back. >> people paid to count fish have never counted more in the fall run. 900,000 so far. more than a million for the species this year. >> we were expecting a good run, we exceeded the daily max mum. it was mayhem, really, it was mayhem. >> salmon populations ha
. this guy got elected and he got elected to change trade policy, to change the insane tax policy, to change the policy dealing with antitrust. for the past five years, what you people have been able to do whichus on this obamacare has very little to do with the ,verall economy versus the wars the insane trade policies or insane tax policies. all of this is a smokescreen. it is almost like weapons of mass destruction. if you're going to say here and the 15,000 when you have 20,000 on unemployment. 100 million people are living in poverty -- this is all this is. this is just politics to of peoples issue being critical of the president? we are at the point of this country where the whole thing is completely collapsed. after they at obama, had three years of borscht, the system needed the opposite. you people in the media created barack obama. and said of him coming in addressing the policies -- instead of him coming in addressing the policies, now you can talk about obamacare. i grew up in detroit. -- i wrotegreat book it. belt."g back the rust host: i think we got your point. scott, texas, re
pass a budget that cuts things we don't need and closes wasteful tax loopholes that don't help create jobs so that we can free up resources for the things that do create jobs and growth. building new roads, building new bridges and schools and airports. that creates jobs. >> meantime, republicans are doubling down today on the problems that be have plagued the obama care website with senator dan coats of indiana delivering the weekly gop response. >> too many americans still cannot even access the online exchanges and for the few that have, their experiencing sticker shock. the president told us that obama care is more than a website. i agree. it it is more than just a website and the problems run far deeper than a few technological glitches. >> well, the white house released a progress report late friday on the website fix saying it is improving with users now waiting an average of less than a second for pages to load compared to eight seconds in the first few weeks. teams are working to improve the application process and increase system speed and efficiency. another round of fixes
%, that's a 20% increase out of the box. secondly, there's anywhere from 4% to 5% in taxes and fees associated with the new affordable care act. and then there are changes -- the third thing, there are changes in rating. there are more benefits required. there are changes in, you know, preexisting conditions. all those add up to an average increase we've seen across the united states, depending on the market, of anywhere from 30% to 40%, ranging anywhere from low single digits all the way over 100% increases. >> the point is, the more people who opt in, the less the premium has to go up. more people opting in, that's more premiums coming in so the levels of the premium don't have to go up so much. but that's a big if. let's talk about the impact on your bottom line for next year. in your conference call today, you said, it's unclear what your growth is going to be next year, in part, because of the dust failing to settle on obama care right now, right? >> well, i think there are a lot of factors. first, the economy and whether or not there's going to be a change in utilization, so i
, depreciating rupee and rise in inflation. add to that a high import tax on gold makes it even more expensive for indians to buy gold in rupee terms. traders say that's concerning given that india is the biggest buyer of gold, making up 20% of world's consumption. typically gold shares rise 2% around the volley. but this year we aren't seeing that big move in gold. according to the local merchants i spoke to in new delhi and mumbai, they're considering alternatives like silver. silver won't be able to fully replace gold's important role in weddings, religious events and festivals. experpts say regardless of the current state of the economy india will always have an insatiable appetite for the shiny yellow metal. demand just might be lackluster this holiday season, maria. >> thank you so much, seema. stay right there. we want to bring in a pair of gold experts for their take. >> dennis gartman. he's been long gold. paul sachs has been bearish. dennis, you'r long call on gold is that based on supply/demand. outlook on inflation? all of the above? what makes you like gold at these levels? >> fir
navigate the new healthcare exchange. >> you would qualify for a tax credit for $362. lenardo works part time and doesn't get health insurance knew his job. resort communities like summit have had higher premiums than the rest of the country. and so far obamacare has done nothing to make the people prems less expensive. >> how many people have you enrolled? enrolled. >> not one. so far everyone has looked at the rates and walked out the door. it's sticker shock they can't afford it. i'm crossing the divide from clear creek county to summit county and my healthcare costs has gone up 50 first. o. 50%. summit county has the state's highest premiums. right next door bolder and den vefedenver have the lowest. >> frankly when people have ill illnesses and health issues they come to the denver metro area for treatment. >> the map can't be redrawn until 2015. >> because the plans have been certified, they have been looked at and they been calculated based on the data for the entire state. you can't change one county and not affect another county down the line. >> poli summit of wants a waiver fo
counterand closer invention and in subject years we've added free tax and workforce development resources. metro a new provides services to over 7 thousand families annually. we take a holistic integrated service delivery because we're dedicated to insuring that latino families get all the resources they need to be successful. the mission promise neighborhood is based on this philosophy of integrated approach to communities development the promise of the mission promise neighborhood is that all students and all families in the mission district will be successful both academicly and economically in the mission promise neighborhood we believe that economic success is that fundamental to academic extensive and the mission promise neighborhood we're working on both. it's my pleasure to introduce to you mayor lee. he and his office have long been instrumental in the success of the admission neighborhood. they've porl they're a true partner in the work. under his leadership because of certify environment in economic groebl growth san francisco has been spared the deficit of years past but has g
monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ [laughing] [message beep] [tires screeching] toxic chemicals and carcinogens are leaching into the environment. it's happening right where we live, work and play. everywhere. cigarette butts are toxic waste. let's stop the toxic litter. learn more at rethinkbutts.org >>> naung very much. good morning, everybody. we'll start with live doppler 7118. you see a few clouds lurking off the coast. all of us are clear this morning. let's talk about what's going to happen this afternoon. our warmest day in the forecast. we look at how clean there air is. you can see nice reflection on the bay water. above average warmth everywhere. mid to upper 60s at the coast. low to mid 60s around the bay. and mid 70s. >>> developing news out of hayward. a woman
will have the affordable care act and a marketplace option and you may qualify for tax credits. but the plans are going to change and we're all going to feel it. >> jill, thanks very much. >> great to be with you. >> jeff: more than 60 years ago an allied aircraft dropped a 4,000 pound bomb over the rur-- reg over-- rego of ger machine. they just found if unexploded. police evacked-- evacuated people. world war 2 bombs are still found but they're rarely this big. >> coming up an inside look at oprah winfrey's california auction. >> tomorrow would have been walter cronkite's 97th birth day. on monday the late long time cbs news anchor will be hon ared in his hometown of st. joseph's missouri. the memorial hall and missouri western state university features displays on his life and career. >> a unique yard sale in santa barbara,ical call, this weekend. up for bid more than 300 lots of turn shallings, artwork and memorabilia from the homes of oprah winfrey. winfrey launched the auction helping sell several lots herself. >> 41 going once, going twice. sold for $4100! that is amazin
in taxes for the city. >>> if you wanted to own your own basketball the park theater that closed back in 2002 is selling off the wares before it sells off for good. >> many people have memories in this mace. they know it will be torn down they want to take a piece of it home. >> i really want to see it. i want to go in one more time. >> i love old a band oned places. this is like going to disneyland for me. >> no word when it is set to be demolished but he will turn it into an office and retail space. >>> all right, we will show you more of this if you have not seen it already. why this is a rare hybrid solareclipse. >> it is cool. >>> speaking of cool we were cooler yesterday than today. the temperatures going back up before they go back down again. your pinpoint forecast as the news continues. stay with us ,,,,,,,,,,,,,,,, last year... the new york cy marathon returned after a o year absence. a record number of runners participad amidst heightened security. >>> washed out. the new york city marathon returned after a one-year absence. a record number of runners were there. many were
the case like the grimes campaign did, a state that takes in more federal money than it pays back in taxes damaged kentuckyians. statewide you can run that way. but these house districts it's hard to sell that story. >> david ignatius people talk about the republican party. there's so many different republican parties. i talk about, you got the governors. and the success of the governors that they've had. then you got basically the senate wing of the republican party and then the house wing of the republican party. and what works for one definitely doesn't work for the other and certainly what works for some house members actually undermines presidential candidates who have any, any dream of being able to compete with hillary clinton. >> we'll see if the chris christie wing of the party, the party that will talk about how to govern and make a big state like new jersey work if that gets traction. one of the things i've been following the last few weeks is the backlash in some hard line republican house tea party districts against those tea party hard liners. for example, justin amosh from m
next year. and avoid new tax penalties. today's announcement had been expected since white house has been promising quick action to fix the many technical problems with the website. >> getting health care in california has been relatively easy compared to what's happening nationally with "obamacare" still, moving the penalty deadline back to march 31st is a relief for californians who are on the fence about their healthcare coverage. i just got off the phone with the executive director of covered california - peter lee. >> caller: it is good for us that we can be very clear. and we are able to do this right now. however, if you want to wait until 2014. there will not be a penalty. open enrollment. >> from the beginning covered california has had far fewer glitches than the national website, in fact the executive director has been on the phone with the president. >> caller: >> we've had calls with the president.of millions of americans he cares that this is working. >> so far covered california is processing about 125,000 applications. peter lee does say, when covered california did e
, that's a tax? we didn't call it a tax but that's a tax you got to pay so that more folks have access? is that fair? is that what it is really? >> what i would say to those folks, it's going to depend on their individual, you know, situation because if they are in a group market where they already had group employers sponsored insurance, that's a different situation. if they are in an individual market, what you can say to them now, they'll have access to health care and now have a competitive market. >> if you're paying -- >> time is expired. >> i appreciate you, thank you. >> thank you, all. this discussion about websites that don't work. let's talk about a website that does. on whitehouse.gov right now, if you go to whitehouse.gov, health insurance reality check, headline, you can keep your health insurance if you like it, currently on their website. linda douglas of the white house office of health reform debunks the myth that reform will force you out of your current insurance plan, if you like it, force you to change doctors, period. to the contrary, reform will expand your choi
savings accounts which are tax-free dollars you can use to spend on medical expenses. you think that's a consequence of obamacare and you like it. >> the numbers are going up and people start bargaining with their doctors and markets. stuart: any other effect of obamacare that you like? >> i'm getting stronger lugging this around. stuart: that's it? >> that's it. price consciousness. stuart: that's it? >> that's it. stuart: i'm glad to hear that's it. thank you, john. we asked our viewers to share their obamacare stories with us, we got quite a few responses, this one from stephanie. please listen to this one. before cancellation i was paying $400 a month maybe to the doctor once a year. i don't mind paying for my own coverage, but according to next year's prices $800 a month. and unlikely to have more usage and my costs doubled. what would you like to say to this young lady. >> you're a victim of obamacare, i'm not disagreeing. stuart: are you going to go out and tell her to get a health savings account. >> that's good or whether she wants to go to the doctors as much as she does. s
of taxes and fees associated with the affordable care act that need to go into pricing, so all those things create a very unstable market, cause us to rethink the fundamentals. >> like everything else here, you look a little closer and it's not so simple. divide aetna's billion in costs by its 22 million members, comes out to $45 apiece. so we put this issue to our cnbc global cfo council. 25 chief financial officers representing some of the nation's biggest and most important companies. about half of them responded to our questions. 64% see health care costs per employee rising this year, but a plurality says less than 10% of the increase has anything to do with the affordable care act. indeed, rising premiums at work are nothing new. the kaiser family foundation says over the last ten years, your contribution for health care at work has gone up on average 89%, all of that long before obama care. >> it has been happening every year as you and i and anyone who has a corporate plan knows. you're paying higher deductible, more out of pocket, higher monthly bills. >> we don't know what it's go
witnesses and people with security clearances who also have tax problems. here's a look. >> so what is the answer? one of the answers has to be, doing the job that we do better, one. number two, the other has to be using data that is available. you know, the form -- this form, for 20 bucks you can get 90% of the information on the internet. it's in this war. we pay 2400 bucks for a top-secret clearance. is that right? it's about what we pay. it's about $2400. >> for a top-secret, it's more than not. it's a little over 4000. >> 4000. what do we pay? >> about 262. >> for $20 come you can find out 90% of the stuff online right now. and so, the question is maybe we need to step back and say first of all come with guy way too much classified pee-wee to many people after claimants. number two, how we do it is not utilizing data out there today that is readily available. number three is we've had a response from director clapper that they will start coordinating with the irs. most people would say that's kind of the no-brainer. i would be one of the things you want to check. it is in the f
-- your reasoning is speculative. there are tax subsidies for a lot of the people whose prices may initially come out high. their tax subsidies available. let me play for you what jay carney said this morning to your point about young people and whether they'll sign up. >> there's a silver lining here when it comes to young people an young people are important to this working. it was always the case, no matter how good the website was going to be, that young americans were going to be the last group to sign up. i don't know about you in college or everything i did when i was young as last minute. >> well, i'm with jay carney on that one to the extent that i was a procrastinator and never wrote my paper until the last paper. does he have a point, though, we don't know right now that the accusations you're making are speculative? >> here's what we know, chris. and i think we can find common ground here. we know that we were promised that this website would be working great and it's not and it is a total mess. >> and the white house would concede that. >> we know that the president pr
affordable health care as everybody else. a lot of people will qualify for new tax credits under this law that will bring down costs even further. so that if you lose your job or you start a new business or you are self-employed and you are a young person looking at several jobs until you find one that sticks, you can stay insured, insurance that goes with you and gives you freedom, without fear of accidents or illness will derail your dreams. this marketplace is open now. insurance companies are competing for that business. the deal is good. the prices are low. but let's face it, we have had a problem. the web site hasn't worked the way it's supposed to over the last couple of weeks. and as a consequence, people haven't had a chance to see how good the prices for quality, affordable health insurance through these marketplaces really are. ultimately this web site, healthcare.gov will be the easiest way to shop and buy these plans because you can compare prices and see what kind of coverage it provides. but, look, there's no denying it, right now, the web site is too slow, too many people
is 401k never meant to be what it is today. it started out simply as a tax deferment vehicle and some how it became the thing to put your retirement savings in. > >lot of people say i've got a 401k, i've got some savings, i have a few investments. i have social security and that's not enough combined. in a society where spending drives the economy it's just hard to buckle down and systematically put money aside every month. > >there's also another study by the center for public policy that found the 401k only really works for people at the top end of the economic spectrum who can afford to put money in it---enough money to make it work. for most people, they're working to pay their bills. it's not like people are sitting around wondering what to do with their spare cash. > >sobering information we need to keep thinking about. constantine von hoffman, thank you so much. > >my pleasure. for those of us still in the working world, a new study says time may be the most important factor to finding a job you love. payscale reports baby boomers are more satisfied at work than millenials. 78% o
the selling that happens for a tax reasons and other reasons in december as well as what's going to transpire on the budget and the debt ceiling in january. we will see a lot position squaring this month. lincoln we are seeing some weakeness in the market. how do you suppose that this friday will go? > i think that's the beginning of we're seeing in terms of this position squaring. people taking some chips off the table realizing that the bottom line organic growth and equity in companies is not really happening. looking at some the weakness in the underlying economy really beginning to reassess where they're putting their money to work. what was your best trade last month? > last month we really continued to like the energy space the midstream part of the piperuns the mlp's. we put it through center coast capital which is a fund where the amlp which is the e t f. good to have you on the show, have a great day! >thank you. as a new month begins today-- it also marks the end of an added boost to food stamps. roughly 48 milion americans depend on food stamps to make ends meet. starting today
. >> they are breaking the law but that is not stopping illegal immigrants from cashing in on millions of your tax dollars. and they are not alone. first let's take a look at halloween pictures. that's my family right there. my husband and my two boys trick or treating. here's more of your halloween moments. [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it in your heart. [ basketball bouncing ] heart healthy. [ m'm... ] great taste. [ tapping ] sounds good. campbell's healthy request. m'm! m'm! good.® a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. us, in clinical studies, celebrex is proven to improve daily physi
economic stimulus levels ---much as the payroll tax holiday expired at the beginning of this year. as our cover story explains, it's not only direct recipients who are affected. the greater chicago food depository is bracing for more demand for its pallets of food shuttled on forklifts daily. this giant warehouse already supplies 650 low-income food pantrys, soup kitchens and shelters throughout chicago. and the need for meals has not eased up since end of the recession. "over the last five years, we've seen a 70% increase in food pantry visits in cook county, alone." the food stamp rollback is the end of a temporary boost to food stamp allocations as part of the 2009 economic stimulus. it affects 47-million americans. the rollback, effective immediately cuts $36 a month for a family of four. the usda estimates the result will be 21- fewer meals per month for that family. but advocates for low income families say while some segments of the population are recovering economically, that hasn't happened for a lot of americans. "we haven't seen an economic recovery for low- income. the census
income-tax returns, 71% of them were in real estate. you see, in high school and college, they teach us how to get a job, but at my live events, i take pride in teaching you how not to be dependent on a job and how to take control of your own destiny. >> before going to than's event, i was livi paycheck to paycheck. in fact, on my first deal using than's system, i had nothing in my savings at that point. on that deal, i made over $40,000. fast forward to where i am today -- my net worth has grown astronomically. i am buying and selling multiple properties every month, and the sky's the limit at this point. i absolutely love knowing that i do not have to depend on anyone else for money ever agn. >> we have so many successful students just like marina, who came to one of my events, who just wanted more opportunity and a better life, learned my system, and are now out there making money in real estate, loving what they do. throughout this show, you're gonna see and hear from successful students of mine from a wide variety of different backgrounds, from teachers to truckers,
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